COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY


Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail constraints, the head of Anglo American's local coal unit said yesterday.

Anglo Coal chief executive Norman Mbazima expected the price of coal to average $85 (R612) a ton this year.

Richards Bay Coal Terminal's free-on-board prices have been about $82 to $85 a ton for the past month.

"Those are exciting prices and we think they will be maintained," Mbazima said during a visit to the company's Landau coal mine in Mpumalanga.

Mbazima said he also expected the company to export about 16 million tons of coal, unchanged from last year, despite railing hitches to the export terminal.

Coal exporters have said rail hitches to the Richards Bay Coal Terminal have been blamed for low coal deliveries.

Africa's largest export terminal is owned by South Africa's largest exporters of the fuel, including BHP Billiton, Anglo American and Xstrata, and is serviced by the railway arm of Transnet.

Transnet's rail division said earlier this year it expected to transport 65 million tons of export coal to the port this year and would try to raise that to 70 million tons.

Transnet Freight Rail said last month it expected to transport 62 million tons of coal in the financial year to the end of March, slightly up from 61.9 million the previous year.

Mbazima said Anglo Coal was seeking to exploit thermal coal opportunities in Indonesia, Australia and Colombia.

"We are looking at global growth opportunities for (the) seaborne market," he said.

He said Anglo Coal planned to increase coal exported to India this year from the 4.9 million tons last year.

Mbazima said the coal producer was also looking to facilitate the development of a power station using its own discarded or waste coal. The power plant could produce about 300 megawatts of electricity to be used for Anglo's operations in South Africa, including its platinum and iron ore mines.

He said there was enough waste coal - left over after the processing of coal destined for export - for the life of a power station of about 40 to 50 years. He said the company did not plan to finance, build or operate the station, but hoped to attract an independent power producer to build the plant.

"We will be providing the power-purchase agreement to say that if you come in, build this plant and run it, we will buy the power for the next 40 years, and we will provide the fuel," he said.

South Africa has been battling a chronic power shortage, which worsened in early 2008 when the national grid suffered a near collapse, costing the country billions of dollars in lost output as mines and manufacturing plants were shut for days. - Reuters
Source: Busrep / Reuters
( By Agnieszka Flak)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...


Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...


Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...


Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...


Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...


   1055 1056 1057 1058 1059   
Showing 5281 to 5285 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Deloitte Consulting - India
  • Directorate General of MIneral and Coal - Indonesia
  • ANZ Bank - Australia
  • Petrochimia International Co. Ltd.- Taiwan
  • Total Coal South Africa
  • CCIC - Indonesia
  • Sakthi Sugars Limited - India
  • World Bank
  • Salva Resources Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Georgia Ports Authority, United States
  • Bank of China, Malaysia
  • South Luzon Thermal Energy Corporation
  • Meenaskhi Energy Private Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Berau Coal - Indonesia
  • Ince & co LLP
  • Larsen & Toubro Limited - India
  • Minerals Council of Australia
  • Sojitz Corporation - Japan
  • Lanco Infratech Ltd - India
  • TRAFIGURA, South Korea
  • Banpu Public Company Limited - Thailand
  • International Coal Ventures Pvt Ltd - India
  • Tata Power - India
  • Bukit Baiduri Energy - Indonesia
  • WorleyParsons
  • Bangladesh Power Developement Board
  • San Jose City I Power Corp, Philippines
  • Coastal Gujarat Power Limited - India
  • U S Energy Resources
  • Asia Cement - Taiwan
  • UOB Asia (HK) Ltd
  • CIMB Investment Bank - Malaysia
  • Wilmar Investment Holdings
  • Kobexindo Tractors - Indoneisa
  • Lafarge - France
  • Central Electricity Authority - India
  • CESC Limited - India
  • LBH Netherlands Bv - Netherlands
  • London Commodity Brokers - England
  • The India Cements Ltd
  • SMC Global Power, Philippines
  • Metalloyd Limited - United Kingdom
  • Jindal Steel & Power Ltd - India
  • Marubeni Corporation - India
  • Kideco Jaya Agung - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • GN Power Mariveles Coal Plant, Philippines
  • CNBM International Corporation - China
  • Bulk Trading Sa - Switzerland
  • Japan Coal Energy Center
  • Oldendorff Carriers - Singapore
  • ASAPP Information Group - India
  • Rashtriya Ispat Nigam Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Noble Europe Ltd - UK
  • ING Bank NV - Singapore
  • Economic Council, Georgia
  • Coal and Oil Company - UAE
  • SUEK AG - Indonesia
  • J M Baxi & Co - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Rudhra Energy - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bayan Resources Tbk. - Indonesia
  • Heidelberg Cement - Germany
  • The Treasury - Australian Government
  • Global Business Power Corporation, Philippines
  • MS Steel International - UAE
  • Holcim Trading Pte Ltd - Singapore
  • Australian Coal Association
  • Planning Commission, India
  • Simpson Spence & Young - Indonesia
  • SGS (Thailand) Limited
  • Trasteel International SA, Italy
  • Xstrata Coal
  • India Bulls Power Limited - India
  • Eastern Coal Council - USA
  • Sical Logistics Limited - India
  • Wood Mackenzie - Singapore
  • Asian Development Bank
  • Indian School of Mines
  • Aditya Birla Group - India
  • Tata Chemicals Ltd - India
  • Samtan Co., Ltd - South Korea
  • Bukit Makmur.PT - Indonesia
  • Meralco Power Generation, Philippines
  • Mechel - Russia
  • Vizag Seaport Private Limited - India
  • NALCO India
  • AsiaOL BioFuels Corp., Philippines
  • Bhoruka Overseas - Indonesia
  • Thai Mozambique Logistica
  • Ind-Barath Power Infra Limited - India
  • PLN Batubara - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Barasentosa Lestari - Indonesia
  • Cardiff University - UK
  • Core Mineral Indonesia
  • KPMG - USA
  • Platou - Singapore
  • GAC Shipping (India) Pvt Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • Inco-Indonesia
  • Thailand Anthracite
  • RBS Sempra - UK
  • Fearnleys - India
  • Latin American Coal - Colombia
  • Rio Tinto Coal - Australia
  • Tanito Harum - Indonesia
  • Russian Coal LLC
  • Standard Chartered Bank - UAE
  • Essar Steel Hazira Ltd - India
  • TANGEDCO India
  • BRS Brokers - Singapore
  • Altura Mining Limited, Indonesia
  • SMG Consultants - Indonesia
  • EMO - The Netherlands
  • Vitol - Bahrain
  • Electricity Generating Authority of Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Baramulti Group, Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • GB Group - China
  • Kaltim Prima Coal - Indonesia
  • Indonesian Coal Mining Association
  • Petrosea - Indonesia
  • bp singapore
  • Semirara Mining Corp, Philippines
  • Carbofer General Trading SA - India
  • Videocon Industries ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • GVK Power & Infra Limited - India
  • KEPCO - South Korea
  • Chettinad Cement Corporation Ltd - India
  • Cebu Energy, Philippines
  • Humpuss - Indonesia
  • Star Paper Mills Limited - India
  • European Bulk Services B.V. - Netherlands
  • Coal India Limited
  • Kapuas Tunggal Persada - Indonesia
  • Moodys - Singapore
  • TeaM Sual Corporation - Philippines
  • Geoservices-GeoAssay Lab
  • Ernst & Young Pvt. Ltd.
  • Bukit Asam (Persero) Tbk - Indonesia
  • JPMorgan - India
  • Adaro Indonesia
  • Orica Australia Pty. Ltd.
  • Sarangani Energy Corporation, Philippines
  • PNOC Exploration Corporation - Philippines
  • Malco - India
  • TNPL - India
  • Parliament of New Zealand
  • Deutsche Bank - India
  • Maruti Cements - India
  • Cemex - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Antam Resourcindo - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Infraline Energy - India
  • IMC Shipping - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • BNP Paribas - Singapore
  • Riau Bara Harum - Indonesia
  • GNFC Limited - India
  • Malabar Cements Ltd - India
  • Clarksons - UK
  • Samsung - South Korea
  • Aboitiz Power Corporation - Philippines
  • KOWEPO - South Korea
  • Qatrana Cement - Jordan
  • Kepco SPC Power Corporation, Philippines
  • Bhatia International Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Merrill Lynch Commodities Europe
  • Kobe Steel Ltd - Japan
  • Bangkok Bank PCL
  • Commonwealth Bank - Australia
  • Binh Thuan Hamico - Vietnam
  • Bank of America
  • Asmin Koalindo Tuhup - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Ministry of Finance - Indonesia
  • Cargill India Pvt Ltd
  • Indo Tambangraya Megah - Indonesia
  • DBS Bank - Singapore
  • MEC Coal - Indonesia
  • Shenhua Group - China
  • Gresik Semen - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Vijayanagar Sugar Pvt Ltd - India
  • KPCL - India
  • Anglo American - United Kingdom
  • Coalindo Energy - Indonesia
  • Thomson Reuters GRC
  • Intertek Mineral Services - Indonesia
  • Australian Commodity Traders Exchange
  • IOL Indonesia
  • Singapore Mercantile Exchange
  • Gupta Coal India Ltd
  • IBC Asia (S) Pte Ltd
  • Arutmin Indonesia
  • Indogreen Group - Indonesia
  • APGENCO India
  • Grasim Industreis Ltd - India
  • Merrill Lynch Bank
  • Energy Development Corp, Philippines
  • Coaltrans Conferences
  • Siam City Cement PLC, Thailand
  • Parry Sugars Refinery, India
  • Price Waterhouse Coopers - Russia
  • Adani Power Ltd - India
  • Mintek Dendrill Indonesia
  • Jaiprakash Power Ventures ltd
  • Siam City Cement - Thailand
  • Maersk Broker
  • Pendopo Energi Batubara - Indonesia
  • SRK Consulting
  • Makarim & Taira - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Shree Cement - India
  • Vale Mozambique
  • World Coal - UK
  • Britmindo - Indonesia
  • Argus Media - Singapore
  • Mjunction Services Limited - India
  • Barclays Capital - USA
  • Electricity Authority, New Zealand
  • Mercuria Energy - Indonesia
  • Ministry of Mines - Canada
  • Maybank - Singapore
  • JPower - Japan
  • Power Finance Corporation Ltd., India
  • IEA Clean Coal Centre - UK
  • GHCL Limited - India
  • Kumho Petrochemical, South Korea
  • Central Java Power - Indonesia
  • Petron Corporation, Philippines
  • Freeport Indonesia
  • Tamil Nadu electricity Board
  • ICICI Bank Limited - India
  • Savvy Resources Ltd - HongKong
  • Mitsui
  • Eastern Energy - Thailand
  • Medco Energi Mining Internasional
  • IHS Mccloskey Coal Group - USA
  • ACC Limited - India
  • Formosa Plastics Group - Taiwan
  • Bharathi Cement Corporation - India
  • Therma Luzon, Inc, Philippines
  • PTC India Limited - India
  • Ministry of Transport, Egypt
  • Borneo Indobara - Indonesia
  • Coeclerici Indonesia
  • Manunggal Multi Energi - Indonesia
  • Indika Energy - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Ceylon Electricity Board - Sri Lanka
  • OPG Power Generation Pvt Ltd - India
  • Idemitsu - Japan
  • Cement Manufacturers Association - India
  • Gujarat Electricity Regulatory Commission - India
  • Xindia Steels Limited - India
  • Mitsubishi Corporation
  • PetroVietnam
  • Port Waratah Coal Services - Australia
  • Panama Canal Authority
  • PLN - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SASOL - South Africa
  • Pinang Coal Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • HSBC - Hong Kong
  • Goldman Sachs - Singapore
  • UBS Singapore
  • White Energy Company Limited
  • Romanian Commodities Exchange
  • Mitra SK Pvt Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Attock Cement Pakistan Limited
  • Credit Suisse - India
  • The State Trading Corporation of India Ltd
  • Indian Energy Exchange, India
  • Gujarat Sidhee Cement - India
  • Sindya Power Generating Company Private Ltd
  • Semirara Mining and Power Corporation, Philippines
  • ETA - Dubai
  • Platts
  • Sucofindo - Indonesia
  • Peabody Energy - USA
  • Billiton Holdings Pty Ltd - Australia
  • GMR Energy Limited - India
  • Directorate Of Revenue Intelligence - India
  • The University of Queensland
  • Reliance Power - India
  • Bhushan Steel Limited - India
  • PowerSource Philippines DevCo
  • Surastha Cement
  • Independent Power Producers Association of India
  • Uttam Galva Steels Limited - India
  • Dalmia Cement Bharat India
  • NTPC Limited - India
  • Energy Link Ltd, New Zealand
  • VISA Power Limited - India
  • Thiess Contractors Indonesia
  • TGV SRAAC LIMITED, India
  • Thermax Limited - India
  • CoalTek, United States
  • Posco Energy - South Korea
  • globalCOAL - UK
  • Arch Coal - USA
  • Permata Bank - Indonesia
  • Edison Trading Spa - Italy
  • Neyveli Lignite Corporation Ltd, - India
  • Globalindo Alam Lestari - Indonesia
  • Runge Indonesia
  • Maheswari Brothers Coal Limited - India
  • Glencore India Pvt. Ltd
  • SN Aboitiz Power Inc, Philippines
  • McKinsey & Co - India
  • Madhucon Powers Ltd - India
  • Indorama - Singapore
  • Jatenergy - Australia
  • Toyota Tsusho Corporation, Japan
  • Karaikal Port Pvt Ltd - India
  • Africa Commodities Group - South Africa
  • Timah Investasi Mineral - Indoneisa
  • New Zealand Coal & Carbon
  • Enel Italy
  • Kohat Cement Company Ltd. - Pakistan
  • OCBC - Singapore
  • EIA - United States
  • Agrawal Coal Company - India
  • Thriveni
  • Mercator Lines Limited - India
  • Indonesia Power. PT
  • McConnell Dowell - Australia
  • Chamber of Mines of South Africa
  • Ambuja Cements Ltd - India
  • Indian Oil Corporation Limited
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Coal Orbis AG
  • Inspectorate - India
  • Cosco
  • Interocean Group of Companies - India
  • Vedanta Resources Plc - India
  • Renaissance Capital - South Africa
  • Alfred C Toepfer International GmbH - Germany
  • Straits Asia Resources Limited - Singapore